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Treasury bill yields higher at auction despite rejections

Markets Context.ph Context.ph -
Treasury bill yields, a reflection of the cost incurred when government borrows short term, were higher at the auction Monday even as the Bureau of Treasury rejected some bids, particularly for three- and six-month debt papers.

Oil, Treasuries, gold prices jump amid Mideast fears

Top News Reuters Reuters -
Oil, U.S. Treasuries and gold prices rose on Friday, with crude soaring nearly 6 percent, on safe-haven buying driven by the escalating Middle East conflict as Israel urged civilians to leave the northern Gaza Strip.

High private worker pay in three regions effective 16 October

Top News Context.ph Context.ph -
Private sector workers in Region XII, Region II, and Region III can expect higher salaries by 16 October when the new regional daily minimum wage rates take effect.

Monetary board green lights $2.7 billion 3Q government borrowing plan

Top News Jun Vallecera Jun Vallecera -
The monetary board of the Bangko Sentral ng Pilipinas (BSP) on Friday approved the government plan to borrow $2.7 billion more from overseas creditors in the quarter ending September this year.

Farm gate price of palay eases in September–PSA

Top News Context.ph Context.ph -
Palay or unmilled rice prices at the farm gate eased in September after surging in August and pushing the cost of milled rice sold...
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Philippines to adopt India’s UPI for digital payments

Finance 0
The Philippines will adopt India’s Unified Payments Interface (UPI) technology as part of a push to modernize the country’s digital payments system, starting with faster government aid disbursements through Land Bank of the Philippines and potentially extending to cross-border payments.

EastWest powers Philippine Travel Mart 2026 as official credit card partner 

Corporate Bulletins 0
EastWest wrapped up a successful run as the official credit card partner for the 2026 Philippine Travel Mart (PTM), delivering exclusive deals and flexible payment solutions to attendees throughout the three-day event. Held from September 4 to 6 at SMX Convention Center Manila, the country’s longest-running travel trade exhibition drew over 20,000 visitors and nearly 300 exhibitors featuring destinations, accommodations, tours, and travel experiences from across the Philippines.

BSP warns public vs scammers impersonating its officials, using fake accounts

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against fraudulent schemes where individuals falsely present themselves as BSP officials or employees to deceive people.

Smart launches P99 Home WiFi SIM for affordable, flexible connectivity

Corporate Bulletins 0
Smart Communications has introduced the Smart Home WiFi SIM 99, a dedicated card designed to work with open-line home WiFi routers, as well as compatible Smart and PLDT Home WiFi devices with expired or inactive SIMs. Priced at just P99, the package includes 2GB of non-expiring data, creating an accessible option for households seeking reliable internet access.

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